The Latest Breaking News from Deloitte Access Economics

Recession fears if interest rates hiked

Deloitte Access Economics warns Australia could fall into a recession if the central bank lifts interest rates again, with households already hurting.

AAP · Jan 22, 2023

Many Australian businesses will scale back climate action when economy slows, survey finds

The 2022 Climate Check international survey also found support in Australia for a crackdown on ‘greenwashing’

The Guardian - AU · Dec 4, 2022

Food prices to soar another 5.5 per cent over next year: Deloitte

Australians are being warned that much higher food price growth could become the norm at major supermarkets as grocery inflation continues to soar.

The New Daily · Sep 6, 2022

Investment to grow despite many hurdles

Deloitte Access Economics expects business investment to grow over the next five years despite facing near term hurdles, such as rising interest rates.

AAP · May 10, 2022

Aussie-grown Mother's Day flowers five months in the making

Flower farmer Lyn Bayfield pushes herself to the point of exhaustion to meet demand on Mother's Day. But she works in the knowledge that elsewhere consumers don't know they are buying imported flowers, and seemingly don't care.

ABC News · May 7, 2022

Jim Chalmers says the current government has taxed, borrowed and spent more than Labor did. Is that correct?

Shadow Treasurer Jim Chalmers says the current government has taxed, borrowed and spent more than the previous Labor government. RMIT ABC Fact Check takes a look at his claim.

ABC News · Apr 27, 2022

Budget handout to fuel inflation: Deloitte

Deloitte Access Economics economist Chris Richardson has warned any handouts in the March 29 budget will add to inflation pressures.

AAP · Mar 20, 2022

Politics with Michelle Grattan: Stay calm, petrol is headed down, budget is improving – economist Chris Richardson

Australia’s budget situation has been quietly improving. Deloitte Access Economics director Chris Richardson says the remarkable strength of the Australian economy means it no longer needs the emergency support it has been getting from the government and the Reserve Bank. Government spending fell by a record 10% in the year…

The Conversation · Mar 17, 2022

Investment to navigate challenging outlook

Deloitte Access Economics expects that while investment, such as infrastructure projects, faces many challenges, it will soar over the next couple of years.

AAP · Feb 7, 2022